Recent articles worth a read:
- April 2025 Investor News
New Apartments Filling Up at Nearly the Slowest Pace on Record
Just 47% of newly-built apartments completed in Q3 2024 were rented within 3 months. Read More…Wealthy Renters Gain Market Share
9.4% of Tampa’s rental market is now occupied by wealthy renters.Read More…Lenders Forcing Higher Insurance Coverage on Landlords
Insurance brokers expect to see more force-placed insurance when a borrower’s coverage lapses. Read More…Tampa’s Housing Market Out of Step with U.S.
Tampa is the only US city where home prices have fallen by more than 1% month-on-month.Read More…Tampa Bay Sees Rise in Gen Z Homeowners
Younger generations are increasingly banking on family money for down payments. Read More… - February 2025 Investor News
US Asking Rents Ended 2024 at Lowest Level in 3 Years
Tampa experienced a 10.4% reduction in median asking rents since last year. Read More…The Exurbs are Where People are Moving
Last year, more people moved to Polk County than to any other in the United States.Read More…Most Tampa Bay Homebuyers are Older than 54
Steep housing prices and elevated mortgage rates push homeownership out of reach for many. Read More…America’s Renters are Moving Less Than Ever
33.6% of U.S. renters have lived in the same home for at least five years.Read More…Affordable Housing Crisis Forces TGH to Build its Own
The hospital plans to build a $60 million apartment complex in Brandon for its workers. Read More… - December 2024 Investor NewsTampa Bay’s Economy Among Nation’s Fastest Growing Tampa Bay’s GDP increased by 4.3% from 2022 to 2023, hitting $198 billion last year. Read More… Americans Moving to Far Outskirts of These Cities Florida’s Polk County gained the most residents out of any U.S. county through moving, with nearly 30,000 more people moving in than out. Read More… Multifamily Transaction Counts Ahead of 2023 Pace in Tampa Northmarq reports that total sales to this point in the year are nearly 30 percent ahead of the pace recorded last year. Read More… Buyers Back Out of Home Purchases at Record Rate About 56,000 home purchases were canceled in June, equal to 15% of homes that went under contract. Read More… A Corporation Took Over Their Condo. This Law Made it Possible. The Florida Legislature passed a law loosening the requirements for condominium unit owners to terminate their association. Read More…
- October 2024 Investor News
Many Tampa Residents Spend Most of Their Paychecks on Rent
Nearly 30% of Tampa Bay renters spend more than half their income on housing, according to new Census data. Read More…Florida Keeps Building in High-Risk Areas
Florida built 77,000 new properties in high-risk flood areas since 2019, the most in the nation.Read More…Hurricane Anxiety Hits the Florida Landscape
Home sellers and buyers re-think their plans in the wake of two “100-year” hurricanes this Fall. Read More…Tampa Bay Rents Dip Slightly
The average asking rent in Tampa Bay is down almost 2% from last year, but up over 30% from the end of 2019, according to CoStar Group data.Read More..Why Tampa Bay’s Short-Term Rental Market Paces Nation
The areas’ average short-term rental unit receives $52,705 gross revenues annually. Read More… - August 2024 Investor News
In-Migration to Tampa Region Slowed Through Mid-Year
Moving patterns return to pre-pandemic norms amid historic multifamily supply wave. Read More…How to Prep Multifamily Properties for a Hurricane
Ali Pool provides tips for insurance & operating during the expected busy storm season ahead.Read More…Apartments Could Be the Next Real Estate Business to Struggle
Owners of rental buildings face rising interest rates and waning demand in some once booming Sun Belt cities. Read More…Buying a Home? Here’s How Much Money You Need to Make.
First-time homebuyers in Tampa should make $82,528 per year, up 7.8% from 2023.Read More…Tampa’s Century of Transformation
Historians attribute much of Tampa’s success to developments in the 1920s that secured its place as one of Florida’s principal cities. Read More…